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International Business When Walmart Conducts Term Paper

3. Describe some factors you would consider when selecting a strategic alliance partner. Explain what you would do to insure the success of such a partnership.

Starting with financial viability and moving into the specific areas of expertise in a given market, potential strategic alliance partners need to be evaluate on their ability to continually innovate as well (Jamali, Yianni, Abdallah, 383, 384). In addition, their role in the overall market of the region or nation of interest, reputation, customer service record, level of influence with the government, and potential to open entirely new markets also must be considered. Previous experiences with managing international relationships, roles of their senior management team earlier in their careers in managing global alliances, and track record with equity and non-equity forms of expansion all need to be considered

(Hipkin, Naude, 63, 64). The extent of success or failure specific alliance partners have had in creating their own alliances globally also needs to be considered from the standpoint of their process and integration expertise. This will show how adept and...

All of these elements taken together will illustrate the extent of potential success with a strategic alliance partner.
Works Cited

Baloh, Peter, Sanjeev Jha, and Yukika Awazu. "Building Strategic Partnerships for Managing Innovation Outsourcing."Strategic Outsourcing: an International Journal 1.2 (2008): 100-21.

Hipkin, Ian, and Pete Naude. "Developing Effective Alliance Partnerships: Lessons from a Case Study." Long-range planning 39.1 (2006): 51-69.

Jamali, Dima, Mary Yianni, and Hanin Abdallah. "Strategic Partnerships, Social Capital and Innovation: Accounting for Social Alliance Innovation." Business Ethics 20.4 (2011): 375-91.

Kumazawa, R., and P. Gomis-Porqueras. "An Empirical Analysis of Patents Flows and R&D Flows Around the World."Applied Economics 44.36 (2012): 4755.

Lin, Xiaohua, and Shaw Tao. "Transnational Entrepreneurs: Characteristics, Drivers, and Success Factors." Journal of International…

Sources used in this document:
Works Cited

Baloh, Peter, Sanjeev Jha, and Yukika Awazu. "Building Strategic Partnerships for Managing Innovation Outsourcing."Strategic Outsourcing: an International Journal 1.2 (2008): 100-21.

Hipkin, Ian, and Pete Naude. "Developing Effective Alliance Partnerships: Lessons from a Case Study." Long-range planning 39.1 (2006): 51-69.

Jamali, Dima, Mary Yianni, and Hanin Abdallah. "Strategic Partnerships, Social Capital and Innovation: Accounting for Social Alliance Innovation." Business Ethics 20.4 (2011): 375-91.

Kumazawa, R., and P. Gomis-Porqueras. "An Empirical Analysis of Patents Flows and R&D Flows Around the World."Applied Economics 44.36 (2012): 4755.
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